Shalimar Paints Limited Share Price and Company Fundamentals
Last traded: Yesterday at 9:59 AM
Shalimar Paints Limited engages in the manufacturing and marketing of paints and coatings in India, Nepal, the United Arab Emirates, Bhutan, Seychelles, and internationally. The company offers decorative paints; and industrial paints, including protective, can, and pipeline coatings. It also provides apply supply services; and services in heavy machinery, truck body, agricultural machinery, frp components, auto parts, metal door, construction equipment, industrial equipment, and others. In addition, the company offers interior, exterior, metal, wood, floor, waterproofing paint products; ancillary, such as magic brush, magic roller, magic dry sandpaper, magic wet and dry sandpaper, magic masking tape, and magic spray paint; and protective, packaging, and marine coatings. It offers its products under the Magic, Mela, Color Space, Hero, Zero Damp, Superlac, and Shalimar brand names. Shalimar Paints Limited was incorporated in 1902 and is based in Thane, India. Shalimar Paints Limited operates as a subsidiary of Hella Infra Market Limited.
Key Metrics
PE ratio
-
PB ratio
2.87
Dividend yield
-
Beta
0.25
Market cap
₹7.18B
Enterprise value
₹8.35B
Company profile
| Industry / Sector | Specialty Chemicals / Basic Materials |
|---|---|
| Full time employees | 599 |
| Website | https://www.shalimarpaints.com |
| Mailing address | Olethia Business Spaces Plot No. A184 and A185 Road no. 16Z Opposite Ashar IT Park Thane 400604 India |
| Phone / Fax | 91 18 0010 36509 / |
Dividends
Dividend yield
-
Dividend amount
₹-
Payout ratio
0.00%
5Y Avg. yield
-%
Shalimar Paints Limited paid ₹- dividend and the ex-dividend date was 09 Jul 2012.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.SHALPAINTS dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
Company Executives
As of Sep 2026, following are the company executives and directors listed on Shalimar Paints Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Kuldip Raina | MD & CEO | ||
| Mr. Venugopal Chetlur | Chief Operating Officer | 56 | |
| Ms. Snehal Mahendra Saboo | Company Secretary & Compliance Officer | ||
| Mr. Kundan Sangwar | Chief Financial Officer | ||
| Mr. Vishal Anand Bhagat | Head of Marketing | ||
| Mr. Chinmaya Nayak | Head R & D - Industrial | 52 | |
| Mr. Hardik Parikh | Head of Supply Chain | ||
| Mr. Sanjeev Gupta | Director of R&D |
Profitability and management effectiveness
Profit margin
-12.43%
Operating margin
-12.52%
Return on assets
-
Return on equity
-
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Shalimar Paints Limited is 7.18B and its enterprise value is 8.35B. The enterprise value to revenue ratio of SHALPAINTS is 1.50. The enterprise value to EBITDA ratio of SHALPAINTS is -32.42.
The SHALPAINTS's stocks Beta value is 0.25 making it 75% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Shalimar Paints Limited (NSE:SHALPAINTS) Frequently Asked Questions
1. What is Shalimar Paints Limited's Stock Symbol?
Shalimar Paints Limited trades on NSE under the ticker symbol "SHALPAINTS".
2. What is Shalimar Paints Limited's stock price today?
One share of SHALPAINTS stock can currently be purchased for approximately ₹85.73.
3. How can I contact Shalimar Paints Limited?
Shalimar Paints Limited's mailing address is Olethia Business Spaces Plot No. A184 and A185 Road no. 16Z Opposite Ashar IT Park Thane 400604 India. The company can be reached via phone at 91 18 0010 36509.
4. What is Shalimar Paints Limited's official website?
The official website of Shalimar Paints Limited is https://www.shalimarpaints.com.